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Couple of questions: a. Seems like you're looking for more like entrepreneurial employees than founders to participate, right (3, 4)? Could be a small pool, usually you give up salary for control. b. Would the shares pay dividend or are they "exit only" shares?
a. Good point. I could be a wrong, but, I think, early in one's entrepreneurial journey you are looking for financial upside and good advice as much as a sense of control. b. Depends on company, but I'll say dividend.
a. yes, it can work for first timers probably. b. dividend is better in your case IMO. exits can take long and not many can afford 50% salary for a decade. but if you want early profitability this way your interests aligned.
re: b, at current market rates, 50% salary, even local market rate, in Texas is totally fine, which is a big reason for doing it down here.
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